Jon Grauman

The main point is that just relative to where inflation currently sits and where the economy sits, we haven't seen that huge adjustment in rates yet. And the reality is we may not, right? We're not going back to the days of 3% and 4% interest rates. That was an anomaly tied to a global pandemic.

The main point is that just relative to where inflation currently sits and where the economy sits, we haven't seen that huge adjustment in rates yet. And the reality is we may not, right? We're not going back to the days of 3% and 4% interest rates. That was an anomaly tied to a global pandemic.

But it would be great if we could get rates to settle somewhere in the low to mid fives for a sustainable period that people could adjust to that new norm and feel like they were motivated and encouraged to get back into the market. And also, I said that almost as it only pertains to buyers. It pertains to sellers equally as much, right?

But it would be great if we could get rates to settle somewhere in the low to mid fives for a sustainable period that people could adjust to that new norm and feel like they were motivated and encouraged to get back into the market. And also, I said that almost as it only pertains to buyers. It pertains to sellers equally as much, right?

But it would be great if we could get rates to settle somewhere in the low to mid fives for a sustainable period that people could adjust to that new norm and feel like they were motivated and encouraged to get back into the market. And also, I said that almost as it only pertains to buyers. It pertains to sellers equally as much, right?

Sellers that feel like they have these golden handcuffs that are tying them to these 2% and 3% interest rates, but want to make a move. Either they want more space or they got a job relocation or whatever it may be. You know, the leap from three to five or five and a half is a lot more palatable than a leap from 3% to 7%. I know, they're squatting on their own houses.

Sellers that feel like they have these golden handcuffs that are tying them to these 2% and 3% interest rates, but want to make a move. Either they want more space or they got a job relocation or whatever it may be. You know, the leap from three to five or five and a half is a lot more palatable than a leap from 3% to 7%. I know, they're squatting on their own houses.

Sellers that feel like they have these golden handcuffs that are tying them to these 2% and 3% interest rates, but want to make a move. Either they want more space or they got a job relocation or whatever it may be. You know, the leap from three to five or five and a half is a lot more palatable than a leap from 3% to 7%. I know, they're squatting on their own houses.

It's been a real challenge in terms of freeing up inventory.

It's been a real challenge in terms of freeing up inventory.

It's been a real challenge in terms of freeing up inventory.

You can follow the treasury as an indicator for sure. But in terms of actually understanding how that equates and correlates to mortgage rates, reach out to your local mortgage broker. That's the simplest way to do it.

You can follow the treasury as an indicator for sure. But in terms of actually understanding how that equates and correlates to mortgage rates, reach out to your local mortgage broker. That's the simplest way to do it.

You can follow the treasury as an indicator for sure. But in terms of actually understanding how that equates and correlates to mortgage rates, reach out to your local mortgage broker. That's the simplest way to do it.

Like Christmas morning.

Like Christmas morning.

Like Christmas morning.

Potentially. What do you think? I don't know. You know, again, there's so much uncertainty right now. The jobs report in September, which was a favorable report, doesn't lend towards faster rate cuts. It actually shows that perhaps the economy is more stable and we don't need to cut rates as quickly. So it'll be interesting to see what they do.

Potentially. What do you think? I don't know. You know, again, there's so much uncertainty right now. The jobs report in September, which was a favorable report, doesn't lend towards faster rate cuts. It actually shows that perhaps the economy is more stable and we don't need to cut rates as quickly. So it'll be interesting to see what they do.

Potentially. What do you think? I don't know. You know, again, there's so much uncertainty right now. The jobs report in September, which was a favorable report, doesn't lend towards faster rate cuts. It actually shows that perhaps the economy is more stable and we don't need to cut rates as quickly. So it'll be interesting to see what they do.